News: Brokerage

Watkins joins Megalith Capital Management as a principal

According to Megalith Capital Management, a residential real estate owner and developer focused on investments in New York City and urban, supply-constrained markets, Philip Watkins has joined as a principal. In his new position, Watkins will be actively involved in all aspects of the firm's acquisitions and asset management activities. "We are delighted to welcome Phil to Megalith. His experience and industry knowledge have allowed him to hit the ground running and have already made him a key addition to the Megalith team," said Samvir Sidhu, chief executive officer of Megalith Prior to joining Megalith in 2013, Watkins worked for Morgan Stanley Real Estate Investing, where he was responsible for underwriting, structuring and closing investments across a wide range of asset classes and throughout the capital structure. "I am thrilled to join Megalith and look forward to identifying new opportunities to create value and helping to grow the Megalith portfolio," said Watkins. Watkins received an MBA in General Management from the Harvard Business School and a BSBA in Finance, cum laude, from the University of Florida.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent